TMGM is a versatile online broker, offering a diverse range of assets including forex, shares, cryptocurrencies, indices, and precious metals. Regulated by multiple authorities, it stands out for its competitive spreads, low minimum deposit, and strong commitment to securing client funds.
Pros and Cons
Pros
- Tight spreads starting from 0.0 pips
- Low entry point with a $100 minimum deposit
- Diverse range of over 12,000 trading instruments
- Multiple funding options with 10+ choices
- 100% segregated client funds for enhanced security
Cons
- Geographical restrictions, depending on location
Recommended For
TMGM is a versatile online broker suitable for a broad spectrum of traders. It is particularly well-suited for those seeking accessible entry into the world of trading, with a low minimum deposit of just $100. Whether you’re a novice or an experienced trader, TMGM’s diverse range of over 12,000 trading instruments, competitive spreads, and various funding options make it a compelling choice. The broker’s commitment to securing client funds adds an extra layer of trust.
Regulated By
- Vanuatu Financial Services Commission (VFSC)
- Australian Securities and Investments Commission (ASIC)
- Financial Markets Authority (FMA) New Zealand
- Financial Services Commission (FSC) Mauritius
Account Options
- Broker TypeCFD Broker
- Minimum Deposit$100
- Maximum Leverage1:1000
- Forex Majors Spread0 pips
- ScalpingYes
- HedgingYes
- Free Demo AccountYes
- Traders From USANo
Top Features
Competitive Trading Conditions: Low spreads and minimum deposit, access to over 12,000 trading instruments
Risk Management Tools: The broker offers risk management tools such as stop order, market order, trailing stop order, and limit orders to help traders manage their positions effectively.
Personal Account Managers: TMGM offers personal account managers, ensuring that traders receive dedicated support and guidance tailored to their individual needs.
Overview
- Type of BrokerCFD Broker
- Regulation & LicensingVanuatu Financial Services Commission (VFSC), Australian Securities and Investments Commission (ASIC), Financial Markets Authority (FMA) New Zealand, Financial Services Commission (FSC) Mauritius
- Clients Accepted from150+
- Assets OfferedCFDs on Forex, Futures, Indices, Metals, Energies, Shares and Crypto.
- Platforms AvailableMetaTrader4 (MT4), MetaTrader5 (MT5), WebTrader (IRESS)
- Mobile CompatibilityiOS, Android
- Payment Types Accepted Skrill, Visa, Mastercard, Bank Wire, Poli Payment, Neteller, USDT, RMB Instant Pay, ASIA Instant pay, SEA Internet Banking
Account Types
Classic | Edge | |
Features |
|
|
Account Currencies | USD, EUR, GBP, AUD, NZD, CAD | USD, EUR, GBP, AUD, NZD, CAD |
Minimum Deposit | $100 | $100 |
Available Leverage | 1:1000 (for some countries 1:30) | 1:1000 (for some countries 1:30) |
Commission Per Trade | $0 | $3.5 ($7.0 round turn) |
Decimal Pricing | From 1.0 pips | From 0.01 pips |
Trading Instruments | CFDs on Forex, Futures, Indices, Metals, Energies, Shares, Crypto | CFDs on Forex, Futures, Indices, Metals, Energies, Shares, Crypto |
Min. Lot Size Per Trade | 0.01 | 0.01 |
Spreads | From 0.0 | From 1.0 |
Demo Account | Yes | Yes |
Swap/Rollover Fee | No | No |
Copy Trading Support | No | No |
Trading Platforms
- MetaTrader 4 (MT4)
- MetaTrader5 (MT5)
- WebTrader (IRESS)
Trading and Investment Tools
- One Click TradingYes
- Trade off ChartsYes
- Email AlertsYes
- Mobile AlertsNo
- Stop OrderYes
- Market OrderYes
- Trailing Stop OrderYes
- OCO OrdersNo
- Limit OrderYes
- 24hr TradingNo
- Charting PackageYes
- Streaming News FeedYes
Compliance & Regulation
TMGM maintains a robust commitment to regulatory compliance and security, exemplified by its oversight from four esteemed regulatory authorities. The broker operates under the supervision of the Vanuatu Financial Services Commission (VFSC), the Australian Securities and Investments Commission (ASIC), the Financial Markets Authority (FMA) in New Zealand, and the Financial Services Commission (FSC) in Mauritius. This multi-tiered regulatory approach underscores TMGM’s dedication to providing a secure and trustworthy trading environment. Traders can be assured that the broker adheres to the highest standards of compliance and that their investments are protected by a comprehensive regulatory framework spanning various regions.
Fees & Commissions
- Rollover Fee$0
Pricing
TMGM positions itself as a competitive player in the market, offering traders access to tight spreads starting from 0.0 pips. While it provides competitive pricing, it should be noted that the broker also offers a choice between two account types, Edge and Classic, allowing traders to select the pricing model that aligns best with their trading preferences. This flexibility caters to both cost-conscious traders and those seeking specific trading conditions.
Service Details
- Supported Languages English, Mandarin, Portuguese, Spanish, Thai, Vietnamese, Filipino, French, Bahasa, Italian, Melayu, Korean
- Customer Service ByMail, Phone, Chat
- Customer Service Hours24/7
- Telephone OrdersNo
- Personal Account ManagerYes
Reliability & Security
TMGM places a strong emphasis on ensuring the reliability and security of its platform. The broker offers 100% segregation of client funds, safeguarding them from unforeseen market events. Furthermore, it maintains regulatory oversight by bodies such as ASIC and VFSC. TMGM’s commitment to trader safety is reinforced by its provision of risk management tools, including stop orders and market orders, enabling traders to manage their positions effectively and minimize potential risks. Overall, these measures contribute to a secure and dependable trading experience.
User Experience
TMGM offers a user-friendly website design that’s easy to navigate. The broker also provides robust customer support, available 24/7 via email, phone, and chat. The trading platform is known for its efficiency and user-friendliness, catering to traders of all levels. Additionally, the account opening process is straightforward, making it accessible for both beginners and experienced traders.
Final Thoughts
TMGM emerges as a versatile and accessible online broker, offering competitive spreads, a low minimum deposit, and an extensive range of trading instruments. Its commitment to regulatory compliance and securing client funds underscores its trustworthiness.TMGM caters to traders worldwide, making it an appealing choice for those seeking diverse trading opportunities within a secure and convenient environment.
Contact Info
laptopEmail:support@tmgm.com
callTelephone:+61 2 8036 8388
location_onCompany Address:
Level 28, One International Tower Barangaroo Sydney, NSW 2000, Australia
FAQs
Q: Is TMGM available to traders in the United States?
A: No, TMGM does not accept traders from the United States due to regulatory restrictions.
Q: What is the maximum leverage offered by TMGM?
A: TMGM provides a maximum leverage of 1:1000 for some countries, but in some regions, it offers a maximum of 1:30 leverage to comply with local regulations.
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